Search results for Mirae Asset Venture Investment
Finance
SpaceX surges on Nasdaq debut but South Korea\'s space ETFs slide
SpaceX rose more than 19 percent on its first day of trading after listing on Nasdaq, but South Korean space-themed exchange-traded funds and related shares fell. The declines followed disappointment after Mirae Asset Securities, the only South Korean brokerage in the IPO underwriting group, did not receive any shares for domestic distribution in the final allocation. Regulators are reviewing investor disclosures, marketing and potential losses tied to currency conversion.
Finance
SpaceX Nasdaq listing nears; options for South Korean investors
SpaceX is set to list on the Nasdaq on June 12, drawing attention from South Korean investors, though direct subscription by retail investors is effectively limited. Alternative options being discussed include South Korean firms with SpaceX stakes, local space and aerospace value-chain stocks and related exchange-traded funds. SpaceX set its IPO price at $135 per share, and markets see fundraising of $75 billion with a potential post-listing valuation of about $1.75 trillion.
Games & Commerce
Naver, Krafton, Mirae Asset launch large technology investment push in India
Naver said it held a briefing in New Delhi with Krafton and Mirae Asset on establishing the Unicorn Growth Fund, sized at up to 1 trillion won. The event was arranged to introduce the fund to local companies and venture capital firms during President Lee Jae-myung’s visit to India. The fund began operations at more than 500 billion won after Krafton contributed 200 billion won, and it aims to expand further.
